Airline Industry

November 20, 1985|By Deanne Brandon

LAKER AGREEMENT. British Airways, Pan American World Airways and Trans World Airlines have agreed to settle lawsuits filed against them by passengers after the collapse of Laker Airways. Those filing the class-action suit said they had been victimized because the airlines had forced Laker out of business. Coupons with a potential value of $30 million will be distributed for discounts on future air travel. Laker Airways, a pioneer in cheap charter flights across the Atlantic, collapsed in 1982.